Do Socially Responsible Fund Managers Really Invest Differently?

By K. Benson, T. Brailsford, Jacquelyn E. Humphrey. 2006

214 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/a2700c7c032e1996a7ba20b733382a46395b4400

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Citations in the corpus

The Performance of Socially Responsible Mutual Funds: The Role of Fees and Management Companies (2010, methodology): “Benson et al. (2006) use an eightfactor model to account for differences in industry allocations and find that SRI funds underperform randomly chosen conventional funds in the period 1994–2003.”
It’s a Matter of Principle: The Role of Personal Values in Investment Decisions (2010, background): “Others studies observe differences in diversification (Bello, 2005) and return (Bauer et al., 2005; Benson et al., 2006; Shank et al., 2005).”
Modeling volatility and conditional correlations between socially responsible investments, gold and oil (2014, methodology): “Benson et al. (2006) using data from 1994 to 2003 also examine the performance of SRI funds with conventional funds and find no statistically significant difference between the two even when stock picking skills were accounted for but there was a small difference in industry allocation between the…”
Institutional shareholders and corporate social responsibility (2020, unknown): “On the other hand, however, prior research shows that there is little difference in the investment patterns (in the aspects of portfolio allocation across industry sectors and stock-picking ability) between SRI and conventional funds (Benson, Brailsford, and Humphrey, 2006).”
Green and Good? The Investment Performance of US Environmental Mutual Funds (2011, background): “(2005) find that management fee is a significant explanatory variable for the Jensen measure, while Benson et al. (2006) find no difference in fee levels nor managerial stock-picking skills between SRI and non-SRI funds.”
Australian Socially Responsible Funds: Performance, Risk and Screening Intensity (2011, result): “However, in general, studies do not find a significant difference in the risk-adjusted returns of SRI funds as compared with conventional funds (see, for example, Bauer et al., 2005; Bauer et al., 2007; Bello, 2005; Benson et al., 2006; Cortez et al., 2009; Goldreyer and Diltz, 1999; Statman, 2000).”
Why do Malaysian customers patronise Islamic banks (2007, background): “…of these funds include firms with desirable products and processes such as firms that are environmental friendly; engage IJBM 25,3 144 positively with community; have progressive hiring policies; exercise good corporate citizens, human rights records and labour relations (Benson et al., 2006).”